Investment accounts
Adult accounts
Child accounts
Choosing Fidelity
Choosing Fidelity
Why invest with us Current offers Fees and charges Open an account Transfer investments
Financial advice & support
Fidelity’s Services
Fidelity’s Services
Financial advice Retirement Wealth Management Investor Centre (London) Bereavement
Guidance and tools
Guidance and tools
Choosing investments Choosing accounts ISA calculator Retirement calculators
Shares
Share dealing
Choose your shares
Tools and information
Tools and information
Share prices and markets Chart and compare shares Stock market news Shareholder perks
Pensions & retirement
Pensions, tax & tools
Saving for retirement
Approaching / In retirement
Approaching / In retirement
Speak to a specialist Creating a retirement plan Taking tax-free cash Pension drawdown Annuities Investing in retirement Investment Pathways
FTSE 100 movers: Phoenix Group rallies; JD Sports slumps on Nike results
(Sharecast News) - London's FTSE 100 was up 0.6% at 7,930.40 in afternoon trade on Friday. Phoenix Group jumped to the top of the index after a robust set of results for 2023, with total cash generation of £2.024bn exceeding its upgraded target of £1.8bn for the year.
The company said that included a substantial benefit of around £400m from the part VII transfer of Standard Life and Phoenix Life, announced in November. It achieved £1.514bn in incremental new business long-term cash generation, surpassing its 2025 target of £1.5bbn two years ahead of schedule.
On the downside, JD Sports slid as Nike fell after warning that sales will take a hit this year as it works to realign merchandise to better match what shoppers are after.
Vodafone was in the black as the Competition and Markets Authority said that it and Three will need to find ways to assuage its competition concerns and show that their planned $19bn merger would not leave consumers worse off or face a full investigation.
FTSE 100 - Risers
Phoenix Group Holdings (PHNX) 535.00p 9.59% Reckitt Benckiser Group (RKT) 4,435.00p 3.14% NATWEST GROUP (NWG) 260.10p 2.64% Vodafone Group (VOD) 68.92p 2.10% Hikma Pharmaceuticals (HIK) 1,908.00p 1.84% Lloyds Banking Group (LLOY) 52.42p 1.81% WPP (WPP) 741.20p 1.79% Croda International (CRDA) 5,088.00p 1.68% BT Group (BT.A) 108.80p 1.63% Airtel Africa (AAF) 99.30p 1.59%
FTSE 100 - Fallers
JD Sports Fashion (JD.) 109.00p -6.92% DCC (CDI) (DCC) 5,668.00p -1.32% Frasers Group (FRAS) 793.00p -1.25% International Consolidated Airlines Group SA (CDI) (IAG) 164.65p -1.23% Standard Chartered (STAN) 669.40p -0.98% Rentokil Initial (RTO) 471.70p -0.97% Rio Tinto (RIO) 5,000.00p -0.95% Halma (HLMA) 2,342.00p -0.85% Taylor Wimpey (TW.) 141.20p -0.74% 3i Group (III) 2,729.00p -0.69%
Share this article
Related Sharecast Articles
Important information: This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to one of Fidelity’s advisers or an authorised financial adviser of your choice. When you are thinking about investing in shares, it’s generally a good idea to consider holding them alongside other investments in a diversified portfolio of assets. Past performance is not a reliable indicator of future returns.
Award-winning online share dealing
Search, compare and select from thousands of shares.
Expert insights into investing your money
Our team of experts explore the world of share dealing.
Policies and important information
Accessibility | Conflicts of interest statement | Consumer Duty Target Market | Consumer Duty Value Assessment Statement | Cookie policy | Diversity, Equity & Inclusion | Doing Business with Fidelity | Diversity, Equity & Inclusion Reports | Investing in Fidelity funds | Legal information | Modern slavery | Mutual respect policy | Privacy statement | Remuneration policy | Staying secure | Statutory and Regulatory disclosures | Whistleblowing programme
Please remember that past performance is not necessarily a guide to future performance, the performance of investments is not guaranteed, and the value of your investments can go down as well as up, so you may get back less than you invest. When investments have particular tax features, these will depend on your personal circumstances and tax rules may change in the future. This website does not contain any personal recommendations for a particular course of action, service or product. You should regularly review your investment objectives and choices and, if you are unsure whether an investment is suitable for you, you should contact an authorised financial adviser. Before opening an account, please read the ‘Doing Business with Fidelity’ document which incorporates our client terms. Prior to investing into a fund, please read the relevant key information document which contains important information about the fund.
This website is issued by Financial Administration Services Limited, which is authorised and regulated by the Financial Conduct Authority (FCA) (FCA Register number 122169) and registered in England and Wales under company number 1629709 whose registered address is Beech Gate, Millfield Lane, Lower Kingswood, Tadworth, Surrey, KT20 6RP.
